Letters of Credit - What is a Letter of Credit (Trade Finance Global LC Guide)

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  • Опубликовано: 5 янв 2025

Комментарии • 56

  • @spotlight1384
    @spotlight1384 Год назад +2

    Misspelling of a word doesn’t make it void or unacceptable. I’ve done it while i was in a rush. Still was valid.

  • @Nazanin-b1f
    @Nazanin-b1f Год назад +1

    Incredibly useful thank you soooo much❤️

  • @ourfamily9397
    @ourfamily9397 2 года назад +2

    Thank you for sharing, to help others is to help yourself.

  • @ShemsedinBedru-g7s
    @ShemsedinBedru-g7s 3 месяца назад

    well . Best explaination from begining to the end process

  • @pushkarkulkarni4861
    @pushkarkulkarni4861 6 лет назад +6

    That was a good video giving much useful and high information

  • @tetflaminiano1674
    @tetflaminiano1674 5 лет назад +5

    starts at 1:06

  • @majdhassan5345
    @majdhassan5345 6 лет назад +4

    Thank you so much 😊. It was helpful

  • @stupidrabbit4805
    @stupidrabbit4805 7 лет назад +6

    Thank you for this brief explanation.

  • @rikassaleem4183
    @rikassaleem4183 4 года назад +1

    Can do partial payment in LC ?

  • @tusharsharma3979
    @tusharsharma3979 4 года назад +1

    Sir, is it necessary to have that much balance or credit to transfer any type of LC or SBLC or Back to Back LC, from my account to others account in the domestic or international trade?

  • @patelvidhu4840
    @patelvidhu4840 7 лет назад +1

    Letter of credit mainly used in international trade.

  • @tonyjones9981
    @tonyjones9981 6 лет назад +1

    Constructive advise with apparent caveats for application or not.

  • @EuroEximBankLimited
    @EuroEximBankLimited 6 лет назад +3

    What is trade finance ?

  •  5 лет назад +1

    After the buyer recevie the goods can the maturity date be changed and be paid immidiately?

    • @ΒαλάντηςΠετμεζας
      @ΒαλάντηςΠετμεζας 3 года назад +1

      No this is impossible, either use DP or LC at sight

    •  3 года назад

      @@ΒαλάντηςΠετμεζας thank you indeed

  • @HaNguyen-mf2li
    @HaNguyen-mf2li 3 года назад

    how did you do it can you share with me , thank you

  • @GrumpyTinashe
    @GrumpyTinashe 7 лет назад +4

    so when does the lc pah the buyer? when goods are loaded on the ship or when they actually arrive at the buyers port

    • @veeveegem
      @veeveegem 7 лет назад +1

      GrumpyTinashe Upon presentment of proof from the Seller that he met the conditions for payment. example, receipt of shipment, etc.

    • @wikihaciyev844
      @wikihaciyev844 3 года назад

      Depends which incoterm was agreed.

    • @GrumpyTinashe
      @GrumpyTinashe 3 года назад

      @@veeveegem thanks

    • @GrumpyTinashe
      @GrumpyTinashe 3 года назад +1

      @@wikihaciyev844 thanks

  • @smw6535
    @smw6535 5 лет назад +2

    Danke shon~

  • @graciousinall
    @graciousinall 7 лет назад +2

    thank you very much

  • @janpiwowarczyk2858
    @janpiwowarczyk2858 3 года назад +1

    There is some kind of mistake “Catholic problem”?

  • @yasmimrodrigues5437
    @yasmimrodrigues5437 3 года назад +1

    the video image is too poor, you need to fix it more

  • @djhtown
    @djhtown 4 года назад +2

    When Dealing with Export Letters of credit's you need the help of an experience doc processor who has the required experienced such as my self..

  • @Kubakaiser
    @Kubakaiser 4 года назад +7

    Nice vid, but the sound quality, combined with the speaker's accent make it hard to understand :)

    • @theeye6145
      @theeye6145 3 года назад

      You are literally illiterate

  • @izaksconsultancy2650
    @izaksconsultancy2650 4 года назад

    Check out our Letter of Credit (LC) Sample and Guide how to get started. all for FREE! www.izaksconsultancy.com/

  • @TomKaren94
    @TomKaren94 5 лет назад +3

    2:05 - the earth is spinning the wrong way.
    2:30 - 'acid' is misspelled and not corrected

    • @jeraldaguilar5685
      @jeraldaguilar5685 5 лет назад +2

      TomKaren94 actually it was not spinning coz it is in a 2D animation, u can only do rotations for 2D. It just seems like spinning but actually the map is moving from left to right.
      And for the wrong spelling it is intended. Just try to listen what the speaker is saying.

  • @randomlife5485
    @randomlife5485 5 лет назад +1

    Good. But, the background music is annoying like an alarm.

  • @rupeshpatil890
    @rupeshpatil890 4 года назад +1

    How to find fake latter's of credits

  • @一梅曾
    @一梅曾 2 года назад

    you need to adjust the content

  • @orevaogheneagba2522
    @orevaogheneagba2522 3 года назад

    Interesting

  • @dawitbirhanu2887
    @dawitbirhanu2887 2 года назад +1

    How brutal is British English 😳

  • @tonypusey2849
    @tonypusey2849 2 года назад

    Questions o

  • @skjana06
    @skjana06 5 лет назад +1

    I'm Sam tooo

  • @LAWMOTTO
    @LAWMOTTO 4 месяца назад

    ok

  • @George-vk8mi
    @George-vk8mi 7 лет назад +3

    Good video but the irrevocable letter of credit its supposed to be uncacelled

    • @vanai9724
      @vanai9724 7 лет назад +6

      Edinson De los Ríos Pozo
      An irevocable LC can be amended or cancelled only with the consent of the buyer, exporter and the issuing bank

  • @vamsikrishna-nj9df
    @vamsikrishna-nj9df 2 года назад

    Pls remove background music that's disturbing concentration

  • @jeffreygallego2523
    @jeffreygallego2523 5 лет назад +2

    Crediit lol

  • @partygirl2183
    @partygirl2183 2 года назад

    Please switch music off

  • @Loun96
    @Loun96 6 лет назад +1

    1:47 I'm the girl on the right